India-US trade deal nears the finish line
New Delhi: External Affairs Minister S Jaishankar has stated that India and the US have resolved most issues concerning the proposed trade deal and it may be finalized soon. This comes as Prime Minister Narendra Modi is set to visit the US for the G20 Summit on December 14-15, where he may meet with President Donald Trump to discuss the bilateral ties and the trade pact.
The negotiations, which started in early 2025, are reportedly close to completion, with most issues being sorted out on the American side. Both countries are aiming for a trade deal that is mutually beneficial, balanced, and provides a comparative advantage to India over comparable economies. India seeks better tariffs for its goods in the US market.
The minister emphasized the importance of the trade deal, considering the US as India's biggest market and the world's largest economy.
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